Quote from: cypherdoc on May 27, 2015, 05:45:12 PM

Quote from: iCEBREAKER on May 27, 2015, 05:36:31 PM

To quote the great davout,

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The true value that Bitcoin brings to the table is not "everyone gets to write into the holy ledger", it is instead "everyone gets to benefit from sane and non-inflationary financial instutions whose sanity and honesty are ensured by the holy blockchain".

doesn't compute. if we're stuck at only 0.001% of the population even knowing about Bitcoin b/c of 1MB, that's not a definition of "everyone".

You are confusing equality of opportunity (which is precluded by 20mb nodes' large care & feeding reqs) with equality of outcome (which is in no meaningful way encouraged by a mere 19mb increase).

https://en.wikipedia.org/wiki/Equality_of_outcome#Comparing_equalities_outcome_vs_opportunity

More than 1% of the world has already heard of Bitcoin, although only 0.001% of them >0 fucks about whether blocks are capped at 1mb or 20mb.

Until UXTO growth is contained within sustainable parameters, it is hopeless to expect anything resembling mass direct use to be driven by mere transactions per second.

People care about the price, not throughput.

The Great Schism threatens the price, which in turn retards hype/awareness/adoption/growth.

If the civil war goes hot and dueling forks ensue, there's no telling what kind of damage and FUD will be released in the wake of double-spent GavinCoins.

Mircea and his #BTC-assets brigade has already declared 20mb blocks to be an attack on Bitcoin, so some degree of fireworks/popcorn/tears/LULZ/drama are guaranteed.

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"Bitcoin? Didn't that implode in some obscure and incomprehensible sort of self-imposed extremely technical and nerdy e-peen measuring contest?" - Avg. Jose, July 2016